Discussions List - ENG X B Syllabus - ACCT-1010 X > ACC 1010 - Sec 101, FX CH Home - Clevelandstatx Assignment/assignmentOverview.do Translate News Chrome Web Store Calculator Sales and Notes Receivable Transactions The following were selected from among the transactions completed during the current year by Danix Co., an appliance wholesale Jan. 21. Sold merchandise.on account to Black Tie Co., $28,000. The cost of goods sold was $16,800 Mar. 18. Accepted a 60-day, 6% note for $28,000 from Black Tie Co. on account May 17. Received from Black Tie Co the amount glue on the note of March 18. June 15 Sold merchandise on account, terms 1/10, 1/30, to Pioneer Co. for $17,700. Record the sale net of the discount. The cost of goods sold was $10,600 21. Loaned $18,000 cash to R Stutts, receiving a 30-day, 8% note 25 Received from Pioneer Co. the amount due on the invoice of June 15, less 1% discount July 21. Received the interest due from IR Stutts and a new 60-day, 9% note as a renewal of the loan of June 21. (Record both the debit and the credit to the notes receivable account.) Sept. 19. Received from IR Stutts the amount due on her note of Muly 21 22 Sold merchandise on account to Wycolf Co., $20,000. The cost of goods sold was $12,000. Oct. 14 Accepted a 30-day, 6% note for $20,000 from Wycoff Co. on account Nov. 13 Wycoff Co. dishonored the note dated October 14 Received from wycoff Co, the amount owed on the dishonored note, plus interest for 45 days at 8% computed on the Dec. 28 maturity value of the note Required: Journalize the entries to record the transactions. Assume 360 days in a year. If an amount box does not require an entry leave it blank. Ass days Check My Work 2 more Check My Work uses tem All work saved o X Discussions List - ENG X Syllabus - ACCT-1010 X ACC 1010 - Sec 101, FX Home - dley gnment/assignmentOverview.do nslate News Chrome Web Store Calculator Required: Journalize the entries to record the transactions. Assume 360 days in a year. If an amount box does not require an er days. Jan. 21-sale Jan. 21 cost Mar. 18 DI IJ III II II II May 17 June 15-sales June 15-cost Check My Work 2 more Check My Work uses remaining All work saved o BE > ssignment/assignmentOverview.do Translate News Chrome Web Store Calculator June 21 June 25 July 21 Sept: 19 lll Sept. 22-sales Sept. 22-cost Check My Work 2 more Check My Work uses remaining All work saved. Calculator Sept. 19 Sept. 22-sales Sept. 22-cost Oct. 14 Nov. 13 JUD ID Dec. 28 Check My Work 2 more Check My Work uses remaining All work saved BI